BTW: I'll be updating this post with whatever new coverage comes though.

=== UPDATE 1/19/2010 3:41pm JST

According to Nikkan Sports, it seems the two sides have basically come to an agreement and that an announcement could be made as early as the 20th.

Early negotiations had supposedly hit a road block because Taguchi wanted a high base salary instead of a wider range of incentives.

=== UPDATE 11:55pm JST

According to Taguchi's agent, the two sides are still trying to work out the final details and will likely require a little more time before an agreement can be reached. As such, it doesn't look like any announcements will be made this week, unless there's a big breakthrough.